Portland General Electric Co reports results for the quarter ended in September - Earnings Summary

Portland General Electric Co

27/10/2023 14:31

* Portland General Electric Co  POR.N  reported quarterly
adjusted
earnings of 46 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 46 cents per share.
    * Revenue rose 7.9% to $802.00 million from a year ago;
analysts
expected $749.17 million. 
    * Portland General Electric Co's reported EPS for the
quarter was
46 cents​.
    * The mean earnings estimate of analysts had fallen by
about 40.1%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Portland General Electric Co shares had risen by 0.7% this
quarter and lost 16.8% so far this year.
    * The company reported quarterly net income of $47 million.
    * Wall Street's median 12-month price target for Portland
General
Electric Co is $46.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.46           0.46           Met
 Jun. 30 2023      0.48           0.39           Missed
 Mar. 31 2023      0.79           0.80           Beat
 Dec. 31 2022      0.63           0.69           Beat